crypto

From Dominance to Compliance

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

Walking the Tightrope

As we stand on the verge of a new era in crypto, it’s crucial to reaffirm the importance of decentralization. Beyond being a mere aspiration, decentralization serves as the lifeblood of the crypto world, standing as the pivotal force that draws the line between freedom and control. Amidst the hype surrounding the impending approval of a spot Bitcoin ETF in the United States, accompanied by the influx of capital from behemoths like BlackRock, the immediate market surge raises a serious question for the future of crypto. Are people here for

TCG World Metaverse and Procedural Worlds Craft Vast and Vivid Landscapes with Groundbreaking Technology

New York, November 11, 2023. In a landmark year of collaboration, TCG World Metaverse has joined forces with the talented team at Procedural Worlds to forge a sprawling and immersive environment within the burgeoning metaverse sector. Covering an impressive 900 square kilometers, TCG World has been meticulously sculpted into four distinct regions: North, East, Forest, and Asia. Each quadrant boasts its own unique biome and atmosphere, thanks to the innovative suite of tools provided by Procedural Worlds — Gaia, GeNa, and the revolutionary new software, Storm. Procedural Worlds' artisans have

Unveiling the Future of Gaming: Gaming Guilds Pioneer the Transition to the Metaverse with TCG World

In a monumental leap towards the future of gaming, we are excited to announce that the world of gaming guilds is undergoing a revolutionary transformation with the advent of the metaverse. This virtual universe, composed of interconnected digital spaces, has opened the doors for gaming guilds to claim their stake in the burgeoning digital economy. With the upcoming launch of TCG World in 2024, the platform is setting the stage for this transformation. TCG World, a virtual world within the metaverse, has successfully registered over 30 gaming guilds with a

InvoiceMate Partners with the DFINITY Foundation and Migrates from Hyperledger Fabric to The Internet Computer Blockchain

  Zurich, Switzerland & Dubai, UAE. The DFINITY Foundation, a not-for-profit research and development organization based in Switzerland and a major contributor to the Internet Computer blockchain (ICP), has announced that it has partnered with InvoiceMate. InvoiceMate.tech will migrate from Hyperledger Fabric to the Internet Computer. The DFINITY Foundation will support InvoiceMate in this transition as it becomes an important part of the ICP ecosystem. InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion by

Embracing the True Spirit of Decentralization: Shiba Classic – Your New Haven!

The idea of decentralization has taken front stage in the fast-paced world of cryptocurrencies, promising a more equitable, inclusive, and transparent financial environment. Not all projects, nevertheless, have adhered to these guidelines. Enter Shiba Classic (SHIBC), a game-changer with a team that has a track record of success taking projects from $0 to $100 million. Shiba Classic is an example of what decentralization stands for. The Shiba Classic crew is now all in and prepared to cause a stir in the DeFi community. Unveiling Shiba Classic - A True Beacon

Zumo first to launch platform built to meet the tech requirements of the FCA’s new Financial Promotions Regime for Crypto Assets

  The award-winning platform has set a new benchmark in consumer protection and regulatory alignment With some UK operators having to pause activity, Zumo’s financial promotions technical flow is now also available through its B2B API to support unregistered firms with remaining compliant after the 8 October deadline [London/Edinburgh - Friday 29 September 2023] Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for

The Tightrope of Regulation

In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Ennova Holdings Launches Upgrade ‘TIER’ to Empower Africa’s Financial Future Through Blockchain Innovation

Revolutionary Blockchain Initiative Seeks to Eradicate Financial Inequality in Africa Highlights: Financial Freedom Vision: Ennova Holdings 'TIER’ introduces blockchain solutions to empower Africa's unbanked population. Educational Empowerment: The organization prioritizes blockchain education for African and Asian youth, fostering economic growth. Innovative Payment Solutions: A multi-tiered app offers accessible, rewarding financial transactions, surpassing traditional remittance services. Global Inclusion: Future plans include a global credit rating agency for the unbanked, bridging international financial gaps. Cape Town, South Africa, 18th September 2023: Ennova Holdings, a forward-thinking organization committed to addressing financial inequality in

Blockpass integrates award-winning ID system with Solana Wallets, offers special discount to Solana projects

HONG KONG, Sept 7, 2023 - (ACN Newswire) - Blockpass has announced that it will be integrating its identity verification solution with Solana Wallets and supporting Solana projects with its revolutionary On-Chain KYC(R) solution. Additionally, Blockpass will provide a unique special offer available to all Solana projects in the form of a 50% discount. Solana is a blockchain network with the fundamental ideals of an open-source community, decentralization, staking and censorship resistance at its heart. The Solana network is validated by thousands of independently-operating nodes that ensures data remains secure

Swiss WEB3FEST 2023: The Convergence of Web3 Innovation and Collaboration

The Global Web3 Ecosystem is set to unite under the banner of "Switzerland United", an 11-day extravaganza, from September 7th-17th 2023, that combines the forces of the NFT Fest Lugano, NFT Lakeside Unconference and the Swiss WEB3FEST. Key Highlights The Swiss WEB3FEST will be the center of Web3 innovation and collaboration, with over 150 Preeminent speakers, 50+ exhibitors and 80+ captivating topics and side events The Swiss WEB3FEST is the Ecosystem Festival of Crypto Valley and Crypto Oasis and is Co-Hosted by Dfinity aka The Internet Computer The Conference is